The government may provide a temporary breather for companies that have already filed their draft prospectus with the capital market regulator from meeting the norm of a minimum public holding of 25% in their companies.

Kevan Watts, India head, Bofa-ML believes a local person is able to connect with the complex Indian conglomerate a lot better.

Race to the bottom with G4 currency rhetoricThe problem is that major exchange rates are largely market determined and difficult to control. Top gainers, losers & recommendations

State iron ore miner NMDC saw the institutional order book fully covered on the second day of its share offering worth up to $2.6 billion, thanks to big orders from two state-run financial groups, sources said.

FTV, an international channel based in Vienna, could not be immediately reached for comment.